PVH Corp Reports Strong 2024 Results, Plans 2025 Growth

PVH Corp ( (PVH) ) has released its Q4 earnings. Here is a breakdown of the information PVH Corp presented to its investors.

PVH Corp, a prominent player in the global apparel industry, is known for its iconic brands Calvin Klein and Tommy Hilfiger. The company operates in the fashion sector, providing a wide range of clothing and accessories.

In its 2024 fourth quarter and full-year earnings report, PVH Corp reported a revenue decrease but still managed to exceed its guidance. The company also announced plans for significant share repurchases in 2025, reflecting confidence in its future performance.

Key financial metrics revealed a 5% decrease in fourth-quarter revenue to $2.372 billion, with a full-year revenue decline of 6% to $8.653 billion. Despite these declines, the company achieved a non-GAAP EPS of $3.27 for the fourth quarter, surpassing its guidance. PVH Corp also completed $500 million in stock repurchases in 2024 and plans another $500 million in 2025.

Looking ahead, PVH Corp projects a stable to slightly increasing revenue and operating margin for 2025. The company remains focused on long-term growth and enhancing shareholder value through strategic initiatives and disciplined execution of its business plans.